Blog Posts

Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]

Some Highlights:

Existing Home Sales are now at an annual pace of 5.46 million.
Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines.
The median price of homes sold in April was $257,900. This…

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Selling Your House on Your Own Could Cost You

Selling Your House on Your Own Could Cost You | Simplifying The MarketIn this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers. However, a […]

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Why Have Interest Rates Jumped to a 7-Year High?

Why Have Interest Rates Jumped to a 7-Year High? | Simplifying The MarketInterest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to say: “Healthy consumer […]

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How Current Interest Rates Can Have a High Impact on Your Purchasing Power

How Current Interest Rates Can Have a High Impact on Your Purchasing Power | Simplifying The MarketAccording to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power. Purchasing power, simply put, is […]

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Don’t Wait to Sell Your House! Buyers Are Out Now

Don’t Wait to Sell Your House! Buyers Are Out Now | Simplifying The MarketRecently released data from the National Association of Realtors (NAR) suggests that a now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high. Let’s see […]

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Is Your First Home Within Your Grasp Now? [INFOGRAPHIC]

Some Highlights:

According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds.
According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.
More and more ‘old millennials’ (25…

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Moving Up to Your Dream Home? Don’t Wait!

Moving Up to Your Dream Home? Don’t Wait! | Simplifying The MarketMortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true. Where are home values today compared to the beginning of the year? While rates have been […]

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Renters Under 50 Want to Buy a Home!

Renters Under 50 Want to Buy a Home! | Simplifying The MarketEvery year, the New York Federal Reserve publishes the results of their Survey of Consumer Expectations (SCE). Each survey covers a wide range of topics including inflation, labor market, household finance, credit access and housing. One of the many questions asked in the housing section of the survey was: Assuming you had the financial resources […]

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5 Ways Tax Reform Has Impacted the 2018 Housing Market

5 Ways Tax Reform Has Impacted the 2018 Housing Market | Simplifying The MarketStarting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a rock. There was even sentiment that homeownership could lose its coveted status as a major component of the American Dream.  Now […]

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10336-10338 S. White Rock Rd, Rancho Cordova, CA 95670

Source: 10336-10338 S. White Rock Rd, Rancho Cordova, CA 95670

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